Check out CarTrade IPO GMP aka IPO Grey Market Premium, Kostak rates, and Subject to Sauda rates as of today. CarTrade IPO GMP came up after the good subscription numbers to ₹150 level. There are lots of fluctuations in CarTrade GMP and it might impact the listing price.
CarTrade IPO to hit the market on 09 August 2021 and closes on 11 August 2021. The company to raise ₹2998.51 crore via offer for share of 8.53 million shares of their existing shareholders and promoters. The company provides a platform to buy new and used vehicles at one place via their portals like CarWale, BikeWale and CarTrade. The company is backed by Warburg Pincus, Singapore’s state investor Temasek, JPMorgan and March Capital Partners. The company reported revenue of ₹281.53 crores in 2021 while the revenues were around ₹318.44 crores in 2020. The profit was ₹101.07 crores in 2021 against ₹21.29 crores in 2020.The IPO price band is fixed at ₹1585 to ₹1618. The CarTrade IPO to list on NSE and BSE.
What is CarTrade IPO GMP Today?
The CarTrade IPO GMP aka grey market premium is ₹150.
What is CarTrade IPO Kostak Rates Today?
The CarTrade IPO kostak rate is ₹0.
What is CarTrade IPO Subject to Sauda Price Today?
The CarTrade IPO subject to sauda rates is ₹0.
CarTrade IPO Expected Returns?
The CarTrade expected return is 15%.
CarTrade IPO GMP Rates day by day with Kotak rates.
| Date | GMP | Kostak | Subject to |
| 19 August | ₹150 | ₹0 | ₹0 |
| 18 August | ₹170 | ₹0 | ₹0 |
| 17 August | ₹170 | ₹0 | ₹0 |
| 16 August | ₹220 | ₹0 | ₹0 |
| 15 August | ₹220 | ₹0 | ₹0 |
| 14 August | ₹220 | ₹0 | ₹0 |
| 13 August | ₹220 | ₹0 | ₹0 |
| 12 August | ₹190 | ₹0 | ₹0 |
| 11 August | ₹150 | ₹0 | ₹0 |
| 10 August | ₹320 | ₹200 | ₹1500 |
| 09 August | ₹400 | ₹600 | ₹2000 |
| 08 August | ₹400 | ₹600 | ₹2000 |
| 07 August | ₹400 | ₹600 | ₹2000 |
| 06 August | ₹450 | ₹800 | ₹4000 |
| 05 August | ₹650 | ₹800 | ₹4000 |
| 04 August | ₹650 | ₹800 | ₹4000 |
| 03 August | ₹700 | ₹500 | ₹2000 |
| 02 August | ₹600 | ₹500 | ₹2000 |
| 01 August | ₹600 | ₹400 | ₹0 |
| 31 July | ₹0 | ₹0 | ₹0 |
| 30 July | ₹0 | ₹0 | ₹0 |
| 29 July | ₹0 | ₹0 | ₹0 |
| 28 July | ₹0 | ₹0 | ₹0 |
| 27 July | ₹0 | ₹0 | ₹0 |
| 26 July | ₹0 | ₹0 | ₹0 |
| 25 July | ₹0 | ₹0 | ₹0 |
CarTrade IPO Date & Price Band
| IPO Open: | 09 August 2021 |
| IPO Close: | 11 August 2021 |
| IPO Size: | Approx ₹2998.51 Crores |
| Fresh Issue: | Approx ₹0 Crores |
| Offer for Sale: | Approx ₹2998.51 Crores |
| Face Value: | ₹10 Per Equity Share |
| Price Band: | ₹1585 to ₹1618 Per Share (Final) |
| Listing on: | BSE & NSE |
| Retail Portion: | 35% |
| Equity: | 18,532,216 Shares |
| Discount: | – Per Equity Shares |
CarTrade IPO Market Lot
| Minimum Lot Size: | Minimum 9 Shares |
| Minimum Amount: | ₹14,562 |
| Maximum Lot Size: | Maximum 117 Shares |
| Maximum Amount: | ₹189,306 |
CarTrade IPO Date, Time Table, Allotment & Listing
| Price Band Announcement: | 02 August 2021 |
| Anchor Investors Allotment: | 06 August 2021 |
| IPO Open Date: | 09 August 2021 |
| IPO Close Date: | 11 August 2021 |
| Basis of Allotment: | 17 August 2021 |
| Refunds: | 18 August 2021 |
| Credit to Demat Account: | 20 August 2021 |
| IPO Listing Date: | 23 August 2021 |
CarTrade IPO GMP aka Grey Market Premium FAQs:
- IPO Grey Market Premium (CarTrade IPO GMP) mention is valid for the specific date as mentioned in the header.
- We are not buying and selling IPO forms on IPO Grey Market.
- Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
- Do not subscribe for IPO by just seeing premium Price as it may change anytime before listing. Subscribe only considering Fundamental of the companies.
